ChannelLife New Zealand - Industry insider news for technology resellers
Story image

Hitachi Vantara extend cloud portfolio with latest acquisition

Thu, 26th Jul 2018
FYI, this story is more than a year old

Hitachi subsidiary Hitachi Vantara has announced intent to acquire REAN Cloud, a global cloud systems integrator, managed services provider and solutions developer of cloud-native applications across big data, machine learning and emerging internet of things (IoT) spaces.

Founded in 2013, REAN Cloud has quickly been recognised as a leading cloud systems integrator, earning the status of AWS Premier Consulting Partner and Microsoft Azure Silver Partner.

REAN Cloud's deep hyperscale expertise and industry-leading infrastructure-as-code REAN Cloud Accelerator Platform enable highly automated, intelligent, scalable and secure cloud adoption and managed services.

These services focus on delivering client business outcomes with a significantly faster realisation of business value.

With 47Lining's capabilities (acquired by REAN Cloud last year), REAN Cloud also delivers customised solutions for IoT analytics, predictive analytics and machine learning, allowing customers to more quickly unlock new business opportunities.

This acquisition will reinforce Hitachi Vantara's ability to accelerate secure enterprise cloud adoption across multi-cloud environments and strengthen its ability to manage and operate traditional applications as well as emerging workloads in artificial intelligence and machine learning.

"Our global customers across the Hitachi ecosystem are driving their own digital transformations to create competitive advantages in the marketplace," says Hitachi Vantara CEO Brian Householder.

"Modernised infrastructure running both on and off premises and intelligent data governance and analytics are the foundational pillars of digital transformations. REAN Cloud powerfully extends Hitachi's existing portfolio for customers and partners in these areas.

Hitachi Vantara and REAN Cloud are both organisations focused on creating leading-edge solutions and together plan to speed delivery of transformative digital solutions for its combined customers and partners.

"When we first founded REAN Cloud, we understood the pivotal role that the cloud would play in transforming the way enterprises do business to reach their goals faster," says REAN Cloud managing partner Sri Vasireddy.

"As cloud adoption continues its rapid growth worldwide, we are truly excited to join forces with Hitachi Vantara, which shares our focus on shaping the future of digital transformation with innovative solutions. Our team looks forward to evolving REAN Cloud's platform to accelerate customers' outcome-based offerings.

Once the acquisition closes, REAN Cloud's founders will continue to lead and grow the business as an integral part of Hitachi Vantara's solutions and services organisation, led by Bobby Soni.

The transaction is expected to close later this year, subject to customary closing conditions and regulatory approvals. Financial terms of the deal are not being disclosed.

Follow us on:
Follow us on LinkedIn Follow us on X
Share on:
Share on LinkedIn Share on X